Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	F	Strong	Down	Down	Down	-24.65%
May 19	D	Strong	Down	Down	Up	-26.37%
May 18	D	Strong	Down	Down	Up	-26.77%
May 17	F	Strong	Down	Down	Down	-25.56%
May 16	F	Strong	Down	Down	Flat	-26.29%
May 15	F	Strong	Down	Down	Down	-25.56%
May 12	F	Strong	Down	Down	Down	-24.90%
May 11	F	Strong	Down	Down	Down	-25.40%
May 10	F	Strong	Down	Down	Down	-26.29%
May 9	F	Strong	Down	Down	Down	-26.69%